Now Sell BITCOIN via Paypal ;) ;) ;)

[Brickbat1]

I did not say bitcoin is completely anonymous. That is literally what I said in my post but obviously you cannot read so I guess I'm done arguing with a rock
I a 800-900 miles away from MA so take it as you will but I raise my bounty to $500 if you can find MY IP/City from that address. I can ID verify as well which ill do if you find my IP which just won't happen. I did not say it is 100% anonymous but claiming

Is either just a horrible misrepresentation of words or BS
I'll stick with both

Easy easy bro

 

[shiboshy]

You are confusing privacy with non-anonymous digital asset (BTC)
Bitcoin is NOT anonymous... nowadays everyone can track the wallet from which the transaction was made, the IP that was/is connecting to that wallet etc. Now of course you can use "VPN" using Bitcoin directly , but ... is required to forget only once to turn on the VPN

I'm not sure but I believe that is still not possible buying anonymous assets (Beam, Monero, zCash) from the mentioned company.

So, if you want to use, take, accept crypto anonymously.. Bitcoin is not the right asset for that and definitely, they are not the company that you are looking to play with

People are outdated thinking BTC is anonymous. Not to mention the fact when you go to cashout there is 0% anonymity. Of course BTC is good for many things, but not for privacy. Also seeing everyone using crypto using exchanges - it does not make any difference than PayPal, to be honest, everyone submits their docs to cash out.

 

[pocketttt]

not avaiable in my country

 

[splishsplash]

You are confusing privacy with non-anonymous digital asset (BTC)
Bitcoin is NOT anonymous... nowadays everyone can track the wallet from which the transaction was made, the IP that was/is connecting to that wallet etc. Now of course you can use "VPN" using Bitcoin directly , but ... is required to forget only once to turn on the VPN

I'm not sure but I believe that is still not possible buying anonymous assets (Beam, Monero, zCash) from the mentioned company.

So, if you want to use, take, accept crypto anonymously.. Bitcoin is not the right asset for that and definitely, they are not the company that you are looking to play with

Bitcoin is anonymous.

There's a full public record of all transactions, but there's no link between a wallet and an identity.

If you get one wallet, and use it everywhere, then no, you're not anonymous. Likewise, if you store your wallet on your laptop and the authorities seize it, they can see all the transactions of that wallet.

But, if you create multiple wallets and don't link any of them by signing up with personal information to some website, then you are completely anonymous.

You could print off your bitcoin wallet and put the paper in a bank vault. Or if you're really crazy you could print it off on 10 separate pieces of paper and put them all in different locations.

If you TRY to be anonymous with bitcoin, it's easy. If you just create a wallet and think you're anonymous, then you're not.

People are outdated thinking BTC is anonymous. Not to mention the fact when you go to cashout there is 0% anonymity. Of course BTC is good for many things, but not for privacy. Also seeing everyone using crypto using exchanges - it does not make any difference than PayPal, to be honest, everyone submits their docs to cash out.

You can cash out anonymously if you really want to cash out fully.

You can also clean the money through several different wallets. Or you could create a new wallet for every transaction and you don't have 1 hot wallet. There's lots of ways to stay anonymous.

 

[apophis51]

Anyone can generate their own private keys for a bitcoin wallet. No service is needed to create a bitcoin wallet as long as you generate a valid key. The chances of you guessing somone elses private key is infinetesimlly small but it has been done before with beginning key series's in etherium and other cryptos. Nothing would therefore tie yout identity to the wallet... but everything the wallet does itself csn be traced

 

[elodavid]

I'd only buy crypto from PayPal if that were possible.

 

[Deleted member 1333509]

Paypal knows they are now the disruptee, not the disruptor. They would be out of business in 5 years if they don't integrate crypto.

Sidenote: "Gaypal" = very good

 

[Ruslan369]

Great news by PayPal. Glad for them that they integrating a new feature.

 

[Deleted member 1333509]

Bitcoin is NOT anonymous

Bitcoin is anonymous

Bitcoin is pseudo-anonymous technically. It's essentially what @splishsplash said, that your real world identity is not connected to your wallet, however that through pattern-matching or seizure that your connection to a wallet can be deduced.

There are a huge range of ways to effectively obfuscate your identity when dealing with Bitcoin, nowadays it's still easy although in the future what will be the game plan for govt's, regulators and law enforcement will be to make it much harder to remain anonymous while using the Bitcoin network.

Obviously, cryptos like Monero are the way to go if you absolutely need full anonymity, but even then you can slip up and be connected by the way that your crypto holdings interact with the banking system.

There's a huge amount of potential for exploitation of the financial system using crypto through, it's the new frontier for tax minimisation.

 

[Ruslan369]

Bitcoin is not anonymous at all. Every single company will require your identity. I don’t understand why would you want to stay anonymous

 

[CoderFromHell]

You are confusing privacy with non-anonymous digital asset (BTC)
Bitcoin is NOT anonymous... nowadays everyone can track the wallet from which the transaction was made, the IP that was/is connecting to that wallet etc. Now of course you can use "VPN" using Bitcoin directly , but ... is required to forget only once to turn on the VPN

I'm not sure but I believe that is still not possible buying anonymous assets (Beam, Monero, zCash) from the mentioned company.

So, if you want to use, take, accept crypto anonymously.. Bitcoin is not the right asset for that and definitely, they are not the company that you are looking to play with

Bitcoin is and will always be anonymous. Your knowledge on how this works is very incorrect.

Bitcoin is not anonymous at all. Every single company will require your identity. I don’t understand why would you want to stay anonymous

Every company in the world could require documents, it wouldn't make bitcoin any less anonymous. Like others explained early on, it depends on your wallet.

 

[Deleted member 1333509]

Bitcoin is not anonymous at all. Every single company will require your identity

Don't need to create wallets via 3rd parties. Many companies don't require ID anyway (search for "KYC-free crypto trading platforms", or this site http://kycnot.me)

I don’t understand why would you want to stay anonymous

- you don't want to pay unnecessary taxes. Same reason many businesses prefer their customers to pay with cash than card

- you live in an authoritarian country which heavily monitors domestic financial activity and restricts certain kinds of payments

- you live in an authoritarian country and are a part of an organisation which opposes the ruling state, and wish to seek funding from abroad easily

- you live in a country going through financial collapse, such as Cyprus in 2013, and want to hide your wealth. The reason for this? During the banking crisis the Cypriot government seized any funds in personal and business bank accounts that were higher than $100,000 to bail out the country's largest bank. If you had $200,000, you lost $100,000 instantly. People used Bitcoin to protect and hide their wealth, rightly so.

- you would like to make private purchases of products and services which might be considered taboo (ie porn, sex toys, sexual services, grey area chemicals, surveillance equipment etc).

- you might want to purchase things without the people you live with knowing, like parents or partners.

- you might just prefer to remain financially as anonymous as you can incase one day the huge troves of data that are being collected right now can be used against you in order to create a profile of your spending habits for example or to track you movements historically by your payment records.

- you might be libertarian and believe in the freedom to do what you want as long as it doesn't harm others, and therefore might not have any other reason apart from enjoying your own personal freedom

I have personally benefited from 4 of these reasons myself, almost anyone I know that has used Bitcoin would fit into a number of these as well.

 

[Ruslan369]

I see, thanks mate